The Mattel & Blumhouse team; Jeff Wadlow Live – Deadline

EXCLUSIVE: Mattel said Monday that the version of the film, based on the famous Magic 8 Ball toy, is finally available, with award-winning studio Blumhouse and Truth or Dare and Fantastic Island director Jeff Wadlow attached.

Wadlow will also write the screenplay with collaborators Jillian Jacobs and Chris Roach. This is the first time Mattel Films has partnered with an independent studio.

"Since the 1950s, Magic 8 Ball has inspired imagination, suspense and intrigue from generation to generation. This iconic toy has an integrated link with fans and an untapped narration potential, "said Robbie Brenner of Mattel Films. "There are no better partners to tell the story of Magic 8 Ball in collaboration with Mattel Films than Jeff Wadlow and Blumhouse Productions, whose unique approach to thriller has captivated audiences around the world and has was greeted by many people. "

"As Mattel fans and their iconic brands, we are looking forward to bringing to life Magic 8 Ball, one of their most famous toys, and meeting the expectations of these," said Jason. Blum, founder of Blumhouse. "We look forward to partnering with Mattel Films to put this project on the fast track to the big screen and create a memorable experience for moviegoers."

Magic 8 Ball is the sixth project under development by Mattel Films. The studio plans to create feature films based on Barbie, Hot Wheels, Masters of the Universe, American Girl and Mattel's View Masters. The Magic 8 Ball, emblematic of the good fortune, was selected by Time magazine as one of the 100 biggest toys of all time.

Blumhouse Productions has more than $ 3 billion at the global desk from its library. The studio is known to have developed a new studio-making model, focused on high-quality, low-budget films. Last weekend, Blumhouse's thriller My, for $ 5 million before P & A, amassed an opening of $ 18.26 million. Over the past decade, Blumhouse has built franchises such as Happy feast of death, The purge, Insidious, Ouija and Paranormal activity. Blumhouse was behind these Oscar-winning films as get out from Jordan Peele (Best Original Screenplay), BlacKkKlansman (best adapted scenario) and Whiplash (best supporting actor, film editing, sound mixing).

Wadlow's Truth or Dare has generated more than $ 95 million worldwide on an estimated production cost of $ 3.5 million. It is taken over by UTA, Artists First and Hirsch Wallerstein Hayum Matlof and Fishman.

Nine years ago, Magic Ball 8 was developing at Paramount with the writing of Jon Gunn and John Mann.